Fraud schemes overview
You will explore various types of fraud schemes you may encounter as an auditor. Topics include:
- Spotting the signs of fraud
- Responding appropriately when fraud is detected during an audit
- The entity's fraud awareness and prevention responsibilities
- Ways audit data analytics can improve fraud detection
Who Will Benefit
- Recently onboarded staff
- First-year staff
- Firms that want consistent training and level setting
Key Topics
- Fraud basics
- Statistics regarding fraud
- Fraud and the audit process
- Fraud schemes
- Defensive tools and approaches
- Encountering fraud
- Using audit data analytics
Learning Outcomes
- Identify the definition of fraud in a financial statement audit.
- Identify various dimensions and types of fraud.
- Identify appropriate responses to suspicions of fraud.
- Recognize the potential of audit data analytics in common fraud procedures.